VBA

Tuesday, June 5, 2012

MARKET UPDATES


SHREE GANESHAY NAMAAH !
Sensex ends flat amid concerns over EU, volatility in rupee
The BSE Sensex and NSE Nifty closed flat on Tuesday amid ongoing worries over eurozone and volatility in rupee. L&T, Reliance and SBI helped the market while the fall in ITC, Bharti and Tata Motors capped the upside.
The BSE benchmark rose 32.24 points, to close at 16,020.64 after hitting an intraday high of 16,138.29 and low of 15,979.77. The NSE benchmark went up 15.15 points to 4,863.30. Even the broader markets closed marginally higher.
NIFTY FUTURE :
Supp. 4760 / 4786 / 4816 / 4830 
CMP: 4846.30
Resis. 4864 / 4892 / 4915 / 4936
BANK NIFTY FUTURE  :
Supp. 9211 / 9251 / 9292 / 9340
CMP : 9389.30
Resis. 9438 / 9487 / 9528 / 9568
Market Updates : 
Jaypee Infratech leads gainers in 'A' group
Wockhardt, Exide Industries, Oriental Bank of Commerce and Godrej Consumer Products are among the other gainers.
Jaypee Infratech spurted 7.88% to Rs 45.85 and topped the gainers in the BSE's 'A' group. The stock rose on volume of 11.96 lakh shares, sharply higher than an average daily volume of 57,000 shares in the past two weeks. Reportedly the Jaypee group's mega project - the Yamuna expressway is close to being operationalised and the Utter Pradesh government is expected to finalise toll rates soon. The possible date forcommercial operation is 1 July 2012, the report indicated.
Wockhardt jumped 5.61% to Rs 869.65 after scaling a record high of Rs 882 in intradaytrade today, 5 June 2012. The stock was second biggest gainer in 'A' group. The stock had outperformed the market over the past one month till 4 June 2012, rising 15.35% compared with the Sensex's 5.01% fall. The scrip had also outperformed the market in past one quarter, surging 61.02% as against Sensex's 9.35% fall.
Exide Industries gained 5.21% to Rs 124.15. The stock was third biggest gainer in 'A' group. The stock had outperformed the market over the past one month till 4 June 2012, falling 4.80% compared with the Sensex's 5.01% fall. The scrip, however, underperformed the market in past one quarter, falling 12.30% as against Sensex's 9.35% fall.
Oriental Bank of Commerce advanced 4.48% to Rs 229.50. The stock was fourth biggest gainer in 'A' group. The stock rose on volume of 2.69 lakh shares, sharply higher than an average daily volume of 20,000 shares in the past two weeks.
Godrej Consumer Products rose 4.23% to Rs 572.70 and was fifth biggest gainer in 'A' group. The stock was added in the Morgan Stanley Capital International (MSCI) India index with effect from 31 May 2012.
Stock With Volumes :
Volumes jump at Tube Investments counter
Sadbhav Engineering, Shree Cement, Madras Cements and Oriental Bank of Commerce are among the other stocks to see a surge in volumes on BSE today, 5 June 2012.
Tube Investments of India clocked volume of 18.23 lakh shares by 13:46 IST on BSE, a 332.47-times surge over two-week average daily volume of 5,482 shares. The stock rose 0.55% to Rs 136.15.
Three bulk deals aggregating to 18 lakh shares or 0.96% equity changed hands in three bulk deals at an average price of Rs 135.26 per share in opening trade on the BSE today, 5 June 2012.
Sadbhav Engineering notched up volume of 5.53 lakh shares, a 120.56-fold rise over two-week average daily volume of 4,586 shares. The stock fell 2.20% to Rs 119.85
Shree Cement clocked volume of 1 lakh shares, a 28.20-fold rise over two-week average daily volume of 3,549 shares. The stock slipped 0.44% to Rs 2373.05
Madras Cements clocked volume of 4.36 lakh shares, a 22.93-fold surge over two-week average daily volume of 19,000 shares. The stock rose 1.33% to Rs 137.55
Oriental Bank of Commerce clocked volume of 2.33 lakh shares, a 11.84-fold rise over two-week average daily volume of 20,000 shares. The stock gained 2.87% to Rs 225.95
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